Namibia shone as one of Africa’s leading mining markets, at the recently held Mining Indaba from 6 – 9 February in Cape Town, South Africa.
The Ministry of Mines and Energy proudly represented Namibia at the Namibia House, showcasing the country’s investment opportunities.
In its 28th year, this premier event brought together industry leaders, investors, and government representatives to discuss the future of Africa’s mining sector.
Namibia’s participation in the 2023 Invest in African Mining Indaba represented a strategic move to solidify its position as a leading jurisdiction in the African mining industry. The event provided a valuable platform for the delegation to make the case for Namibia’s mining sector to a global audience and reinforce its reputation as a destination of choice for mining investment in Africa. The country is participated under the theme “Namibia: Securing investments in sustainable mining supply chains”, indicative of the sector’s transition from mainly extractive mining towards creating opportunities for enhanced economic activities in the entire supply chain.
A Namibian delegation, led by Hon. Tom Alweendo, presented Namibia’s investment prospects in the mining sector through a series of Business-to-Business (B2B) and Business to Government (B2G) meetings as well as a country case study titled “Investment Opportunities in Namibia” which was held on Monday, 06 February 2023.
“The Invest in African Mining Indaba presents a unique opportunity for Namibia to exhibit her investment prospects in the mining sector to a worldwide audience, while amplifying our commitment to sustainable mining practices. We will also leverage the convening power of the Indaba to connect with potential partners and investors that are crucial to the growth of the sector by adding as much value as possible to the minerals mined, and the attainment of national development goals. This will build resilience in the local economy and contribute to structural economic transformation,” stated the Minister of Mines and Energy, Honourable Tom Alweendo.
The country spotlight featured presentations by various entities including the Namibia Investment Promotion and Development Board, Chamber of Mines of Namibia, and private investors who shared their investment experience in the country. This country case study, Namibia’s anchor event, highlighted the country’s commitment to promoting investment throughout the entire mining supply chain, showcasing its advantageous investment climate and significant untapped mineral reserves.
In addition to the Ministry of Mines and Energy, the Namibian delegation comprised entities representing the public and private sector, namely the Namibia Investment Promotion and Development Board, Epangelo Mining Company, BW Energy, OSINO Resources, Andrada Mining and the Chamber of Mines of Namibia.